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County of Brant Paramedic Services Committee Agenda May 2026

Build-to-Suit Lease for New Paramedic Garage

Estimated $1,457,827 annually for 20 years; capital estimate $17,860,291 with $1,344,337 contingency and $427,751 allowancesCounty of BrantGRANDBRIDGE SOLUTIONSMay 20, 2026

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Derivita logo
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Description

The County of Brant has structured a 20‑year build‑to‑suit lease with GrandBridge Solutions for Phase 2 of the Brant-Brantford Paramedic Services Headquarters, covering a new 28,524 square foot garage and ambulance base at 150 Savannah Oaks Drive. The estimated annual lease is $1.46 million starting August 1, 2026, with final costs tied to actual construction expenses currently projected at about $17.86 million.

Contract Details

Contract Amount

Estimated $1,457,827 annually for 20 years; capital estimate $17,860,291 with $1,344,337 contingency and $427,751 allowances

Vendor

GRANDBRIDGE SOLUTIONS

Agency

County of Brant, Canada

Contract Type

FACILITIES

Document Date

May 20, 2026

Contract Term

20-Year Build to Suit Lease for Phase 2 garage facilities at 150 Savannah Oaks Drive, expected to start August 1, 2026

Renewal Date

2046-07-31

Renewal Info

Base 20‑year lease with capital and financing costs amortized over 40 years, representing base and optional second term; final annual lease to be set after substantial completion based on actual construction and operating costs. Contingency and allowances are being managed through change orders and will influence final capitalized amount.

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